log in

Europe on track to raise over €4 billion VC in first quarter of 2017

Written on March 23, 2017 by Yoram Wijngaarde

UPDATE: European companies are on track to raise over €4 billion this first quarter of 2017, as you can see below:

The UK and London are in the lead. It’s not a race, but it’s always interesting to track 2017 venture capital investments so far:

#1 London ; #2 Berlin ; #3 Barcelona ; #4 Stockholm ; #5 Vienna

And by country: #1 UK ; #2 Israel ; #3 Germany ;  #4 Spain ; #5 France

Media for Equity: a closer look

Written on March 23, 2017 by Yoram Wijngaarde

Media for equity structures enable start-ups to exchange some of their equity for media (usually TV ads). Companies like Zalando and Trivago have been highly successful in benefiting from TV advertising. More recently, companies like Marley Spoon, Book a Tiger, Job Today, CornerJob, Hundredrooms have used this instrument.

Time for a closer look (6-page slide deck) at recent deals, top investors, and last but not least, some key considerations for startups written by contributor Nicolas Eglau.

Consider this a prologue. We will add more on this topic in the coming months. Did we miss any deals? Please let us know via Twitter or contact us.

TechNation: £6.8 billion in UK tech investment in 2016

Written on March 22, 2017 by Yoram Wijngaarde

Tech City UK just launched Tech Nation 2017, a comprehensive report on the UK tech sector.

The report mentions many interesting stats, including £6.8 billion in UK tech investment in 2016. We add some pan-European perspective using Dealroom Data below (5-page slide-deck).

Five take-aways:

  1. Reported £6.8 billion includes both private equity and venture capital
  2. Venture capital only is about £2-3 billion and flat or down vs. 2015 (depending on source used)
  3. In 2016, the remainder of Europe was rapidly catching up with the UK
  4. However, the UK and London are off to a strong start in 2017
  5. And UK remains a bedrock in terms of VC-backed exits: a strong indicator of long-term VC ecosystem health

Food Delivery Tech: a Deep Dive

Written on March 10, 2017 by Yoram Wijngaarde

This report is a free slide-deck produced by the Dealroom team, with invaluable data contributions from Priori Data, the Berlin-based leading mobile market intelligence company.

It combines proprietary data from Dealroom and Priori Data with annual reports, investor presentations and equity research about Just Eat, Takeaway.com and Rocket Internet, plus SimilarWeb online traffic data.

Food Delivery Tech Deep Dive

If you have any questions regarding this report or to find out how we can help you with data, intelligence or bespoke research, please do not hesitate to contact us. Contact details are provided inside the report.

The U.S. vs. Europe: comparing follow-on investment rates

Written on March 7, 2017 by Yoram Wijngaarde

Late last year, data firm Mattermark analysed follow-on rates for U.S. startups. Soon after, Dealroom did a similar exercise in Europe as part of Atomico’s State of European Internet report. But the two were never properly compared. Hence, below a side-by-side analysis, where orange is U.S. and blue is Europe. The ranges show different cohorts: Dealroom data is based on startups that were seeded between 2010 and 2013. Mattermark data is based on 2009-2012 cohorts.

Conclusion: Europe still has quite some catching up to do. This is no big surprise. But follow-on rates are an important indicator for a healthy VC ecosystem, and the ability of startups to scale. Dealroom data shows that the number of companies raising seed rounds has roughly doubled in last five years. But the proportion of startups continuing to series-A, B, C has declined. To some extend this is the natural result of increased risk-taking. But it will be usefule to keep track of this metric going forward, as European VC funding ramps up.

Notes: The average time between rounds is roughly 18 months. Therefore, it takes an average of nearly three years to move from Seed to Series B. For this reason, the data only includes cohorts from 2013 and earlier. The actual follow-on rate will increase over time and we will re-run this analysis later this year.

FinTech in Europe: any signs of Brexit impact?

Written on March 2, 2017 by Yoram Wijngaarde

FinTech Report

The UK government just published its Digital Strategy document, outlining how it plans to support the UK tech industry post-Brexit.

Has there been a measurable Brexit induced slowdown in UK tech so far? A few reasons for the timing of this post about Fintech and Brexit. First, we are now well into 2017. Second, fintech is a special case, given London’s central role in the EU as financial hub. Third, this BBC post contains some convincing warning signs, both anecdotal and supported with data.

Time for a snapshot of fintech in Europe, using Dealroom Data until Feb 2017, with a focus on the UK vs. the rest of Europe.

Slide6

There seems to be no significant measurable impact on funding levels so far. But the anecdotal signs need to be taken very seriously. Brexit (and more specifically, policies or sentiment impeding science and immigration) will especially have potential ramifications for innovation over the medium to long term.

Web & UX Developer

Written on March 1, 2017 by Yoram Wijngaarde

Dealroom is a B2B data services provider. The core product is a database containing intelligence on high-growth companies, delivered as SaaS product and as API. Dealroom’s clients come from around the globe and are mostly large corporates, Silicon Valley firms, private equity funds, and venture capital funds. In addition, many VCs, founders and angel investors use a free entry-level version of our product.

As Web & UX Developer, you are responsible for a high-quality SaaS product and top-notch UX to Dealroom’s clients. You will be working closely with the CEO, the product team and the marketing lead.

Responsibilities:

  • Continuous improvement of existing frontend (React.js) in bi-weekly sprints
  • Interfacing with backend via REST API
  • Collecting, analysing and interpreting user engagement statistics and translate them into a product roadmap

Skills:

  • React.js
  • HTML5
  • Rest JSON APIs
  • Google Anlaytics
  • Experience with Elastic is a plus
  • Basic SEO best practices

Other qualities we are looking for:

  • Attention to detail and an obsessive eye for UX; pro-actively looking for simplification and improvement
  • An interest in our business: startups, venture capital and ecosystems
  • Ability to manage your own work and communicate with the team
  • English language skills
  • Entrepreneurial mind-set

Reasons to work at Dealroom:

  • Join early in a fast growing company with strong traction in an exciting market
  • You will become a vital part in taking the company to the next level, together with a highly motivated small team
  • World-class clients: venture capital firms, top management consultants, banks
  • Building long-term tangible value: identifying and mapping startups and new technologies around the world
  • Exciting technology stack: combining SaaS, big data, machine learning, user-generated content, data visualisation
  • Office located in the heart of Amsterdam (see photo)

Location:

  • Preferably in our Amsterdam office, but working remotely is an option

Are you ready to take up this challenge?

To learn more, please send an email to [email protected] with your CV. We look forward to get in touch!

About Dealroom.co

To learn more about Dealroom.co, we encourage you to check the rest of this blog, our team page and about page, and the Dealroom Data platform itself. We are located in the heart of beautiful Amsterdam, close to the Skinny Bridge (see picture below).

Research Analyst

Written on February 27, 2017 by Yoram Wijngaarde

Dealroom is a B2B data services provider. The core product is a database containing intelligence on high-growth companies, delivered as SaaS product and as API. Dealroom’s clients come from around the globe and are mostly large corporates, Silicon Valley firms, private equity funds, and venture capital funds. In addition, many VCs, founders and angel investors use a free entry-level version of our product.

As a research analyst, you are responsible for producing high-quality in-depth reports on tech companies, sectors, countries and VC investments, with a global scope, and focus on Europe.

Responsibilities
– Weekly and monthly output of high quality reports (both on-demand bespoke research and public reports)
– Follow the news on “all things tech” (new startups, funding rounds, exits, trends)
– Quality control and content curation of the Dealroom.co database
– Engaging with our customers (investors, corporates, angel investors)
– Interviewing investors, founders, governments, consultants
– Analyzing data, identifying trends, and helping create reports

To support you in your role, you will have access to internal tools such as automated feeds and machine learning algorithms. You will also be working closely with our product developers.

Qualities we are looking for
– Must have: oustanding Excel and Powerpoint skills, entrepreneurial & resourceful attitude, passion for technology, startups and venture capital, attention to detail
– Looking for: a recent academic background
– Language skills: Dutch and/or English

About Dealroom.co

To learn more about Dealroom.co, we encourage you to check the rest of this blog, our team page and about page, and the Dealroom Data platform itself. We are located in the heart of beautiful Amsterdam, close to the Skinny Bridge (see picture below).

Internship Opportunities

Written on February 27, 2017 by Yoram Wijngaarde

Dealroom is Europe’s leading database for startups, technology and venture capital. We provide actionable insights and decision-support tools to venture capital & private equity funds, investment banks, consultants and corporate executives.

We track over 500,000 technology companies worldwide, using a combination of user-generated data, machine learning, and manual curation. Our mission is to enable better and faster investment decisions in the venture capital market.

Throughout the year, Dealroom offers internship positions for students from all educational backgrounds, to join our team as internship analyst in our Amsterdam office working directly with Dealroom’s CEO and the rest of the team. An internship in our office is a learning experience which will provide you with a 360-degree view on how technology is shaping our future.

Your Responsibilities
– Follow the news on “all things tech” (new startups, funding rounds, exits, trends)
– Quality control and content curation of the Dealroom.co database
– Engaging with our customers (investors, founders, governments, journalists, consultants)
– Analyzing data, identifying trends, and helping create reports

What a day in the office might look like
You might start the day by checking up on the last round of investment of leading tech companies and identifying new promising startups around the world. By researching into emerging spaces across geographies, you’ll stay updated on the latest trends in technology, and be immersed in the entrepreneurial ecosystem. During the day, customers will request specific data. Also, we will assign you with a project to work on during less busy times.

Qualities we are looking for
– Must have: Excel skills, entrepreneurial & resourceful attitude, passion for technology, startups and venture capital, attention to detail
– Looking for: a recent academic background
– Language skills: Dutch and/or English

Qualifications
– You need to be a student. So in order to participate in the internship we need a copy of your student card and the name of your contact person at the university
– Minimum length for the internship of 2 months and a maximum length of 6 months
– In order to do the internship, you need to be EU citizen or you already need to have a Dutch working permit
– We need a signed document on the paper of your school in which the school declares the start and end date of your internship

To support you in your role, you will have access to various internal tools. You will also be working closely with our entire team.

Location: Preferably in our Amsterdam office, but can be flexible

Want to learn more?
Contact [email protected]

About Dealroom.co

To learn more about Dealroom.co, we encourage you to check the rest of this blog, our team page and about page, and the Dealroom Data platform itself. We are located in the heart of beautiful Amsterdam, close to the Skinny Bridge (see picture below).

€90 billion in European VC-backed exits between 2014 and 2016. Is it enough?

Written on February 23, 2017 by Yoram Wijngaarde

cover

Only a few years ago, many VCs wondered where the European exits were. But European tech has clearly come a long way. Between 2014 and 2016, Europe had 565 venture backed(1) exits totaling €90 billion in value. That’s €30 billion in VC backed exits on average each year. By number of deals, 2016 was a record with 254 VC-backed exits.

Is it enough to deliver adequate returns to venture capital? To find out, we looked at 1,571 European exits between 2014 and 2016, in combination with 10-year historic VC investment data.

European VC-backed exits report 2016

Note 1: venture backed or VC-backed exit = sale by company which raised venture capital during its development.